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nnd sl~all per/o~~n, comply wi~h and abide br eoch ond er~e~r t1~e agreemcnts. ~t+pulueions, condetiona aiul
coi•enanls t~e?eo~, anct or 1~is mortgage, f~ien f~is niortgage nnd tha estole hereby creoled, s~a~~ cease, de-
tp~mine and be null and void. .
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l~r~ f~e mortgagor tien•by Jtuf~~ c~oienant: and x
c~grpes to par prpmpt~y u~l~pn due !6e principal ancl ~
intprns! anc~ ot~er sunu of monar provtdecl /ar tn snid nole and thit mwtgage, o? eiltier; fo pay a~~ and ~
sinpu~nr f~e faxea, nssessmenfs, ~r~ies. ~Ia6iGfivs, ob~igalions, and encwnbr~nnces of every nalure on aaid pro- ~
perfy: !o pennil, commif or suf(er no wnste, ienpairment o? dete?iowtion o~ saic~ ~and or Itie improveme~ts ~
t{~ereon af any time: to kepp the buildings now or I~erra(ter on wicl Innd (ully i~sured in a sum oJ not less ~
~han $10,004.00 fire and windstorm insurance ~
in n compnny or compnnies accc?ptablo to the mortgagee, tF~e polic~r or policies to be held 6y, and puya6le
to, sai~ morfgagee, and in t~e euent uny swn o~ wwner b~n~ Pa~b4 br virfue o~ suc~ iruwnnce the ?
morfgagee s1~all have the rig6t to receive and apply tAe same to tl~e indebtedness l~ereby secured, accountir~g ~
to the mortgago~ ~or any surpjus; to pay a~2 rnsts, chaeges, and snpenses, including Ia~uyers fees and lit~e f
searchws, rpasonnb~y inciirred o~ pnid br tlee n~ortga~~e beceuse o~ !~e ~oi~ure o~ lhe mortgago~ fo prompt(y f
aac~ f~~lly ~,~ply wit~ f{~e apreemenfs, slipu~ottons, c~onditions and covennnts oJ said note and this mortgage, g
or Pil{~Pr: to per~orm. ~omply u~itk and a6ide 6y eack nnd e4~ t6e ngreen~ents. stipulations. conditions anc~ ~
conennnts sef ~orfti in said nofe nnd f~is moNgage or tEt~er. /n f~e event the mo?tgagor ~ai~s to paq wtien ~
due nny tnx, assessmenl. insurance premium or ot6er sww o/ ~o~ey po~64 br virtue o( said note und ihis !
morlgage, or eittier. Ihe mortgngeMe muy p4~ the saene, wif~ouf waiuing or ul(e~cting t~e oplion fo ~oreclose ~
or any ot~er ri,qht tipreunrler, anc~ nII sucli papmenfs s1~aII bear inte~est ~rum dnte tl~ereo~ af tRe higl~est law- ~
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(ul rate I?ien a![ou~ed 6y tl~e ~aws o( ~hp State o( Fiw;da. . ~
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any sum o~ money /~c~rein ra(erred lo be not prompf~y pnid witl~in. 3O c~ays next ajter ~
the same becomrs due, or i j each and euery tl~e ngree~nents. stipulations, eo~~ifio?u and covennnts o( snid _
ROIP and fhis mortgnge, or eill~er, are not /ullr per/onned, rnrap(ied wilh .and ab~d~ by, then t1~e enti?P ~
~um mentioned in said note, and tltis mortgage, or [l~e entire balanc~ wtpaid dierron, shuU (ortheuitl~ or
therea(ter, at tf~e option o/ t6e mo?tgagee, be~c~on~e nnd be due and pQ~ble. anyt/~ing in said nole or he?ein ~
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to the confrary notu~ifhstanc~ing_ Fai~ure 6y tlee rnortgogee to exercise unr o~ tke rig~fs or options hernin F
prot~icler~ s{~a~~ ~ot constilrete a u~aiver o~ a~7r rig~ts or options under said note or fhis ~ortgage acrn~ed or ~
lhprea)fer ac~ruing. ~
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~n ~,~[~e0~~ t6e said nwriqagor I~us I~er~eunto sign~ QR~ SPQIP~{ these presenfs Il~e ~
c~ny an~ year first a~?oi~e u•rilten. ~
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STATE OF FLOR[DA, ~ ;
cov~v~rv oF St . Lucie ~
I HEREBY CERT[FY that on chis day, be(are me, an #
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o(firer duly authorizcd in the Stat~ afor~said and in the Couaq a(oresaid to tak~ ackoo~rledqmenu, pcnonally apptared
Earl L. Stroud and Delores D. Stroud, his Wife
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to me known to be the person S described in and wtw ezecuted tl~e (or~~oinq instrumrnt :nd they acknowkdged ~
before me that they ~=«~<<a tA~ same.
N~~ ~
~ti'ITNESS m hand and ofticial seal in the Count ~nei Sute last i(oresaid this
r r 20th . ~ asr~ot."-
December o. ~9 77 ~ , _ :
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cov j~ F` Moa~w r.x~: s-,rt a E~a~~a? ~t wip!"~~.,:,,..,,. .
St` RO~E~ PO ~~~5 - i ~~YYSL01 ~ylL Mt. 1~
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T/ris lits/nii»cu~ p~rp~nred hy: F. A. H arri s
AJdRx~ 410 Orange O~R ~7i1 ~ 7LQ
' Ft. Pierce, Fla. 33450 ~~7 GUD ~
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